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Silver Futures Bullish By 3% In The Last 5 Sessions

(VIANEWS) – Silver (SI) has been up by 3.82% for the last 5 sessions. At 19:52 EST on Sunday, 3 March, Silver (SI) is $23.38.

Volume

Today’s last reported volume for Silver is 2028, 99.99% below its average volume of 10228239817.93.

Volatility

Silver’s last week, last month’s, and last quarter’s current intraday variation average was 1.24%, 0.75%, and 1.40%, respectively.

Silver’s highest amplitude of average volatility was 1.24% (last week), 1.17% (last month), and 1.40% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Silver’s commodity is considered to be oversold (<=20).

News about

  • WTI crude oil weekly forecast: intriguing bullish signals and highs attained – 03 March 2024. According to DailyForex on Sunday, 3 March, "Day traders should be particularly cautious this week as WTI Crude Oil tests its higher price range, because additional volatility is almost a certainty.", "Sustained trading above the 80.000 USD mark would be noteworthy, but if WTI Crude Oil is not able to top the ratio early on Monday or on Tuesday, this may be a sign speculative buying may run out of power.WTI Crude Oil Weekly Outlook:Speculative price range for WTI Crude Oil is 76.200 to 82.100"

More news about Silver (SI).

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